Associate Director, Market Access and Medical Policy, Oncology

Company: Laboratory Corporation of America
Location: Raleigh
Posted on: May 26, 2023

Job Description:

LabCorphas an opportunity for an Associate Director of Market Access and Medical Policy. The position has the responsibility of working collaboratively across Labcorp's clinical, marketing and business development areas to develop market access strategies for Labcorp's menu of oncology tests. In addition, this position will work collaboratively with Labcorp's National Director of Market Access and Medical Policy, Oncology, to develop and implement a comprehensive payer strategy that optimizes brand strategy and value proposition of LabCorp's oncology offering. The Associate Director of Market Access and Medical Policy will report to the Vice President, Payor Solutions, Market Access - Specialty Testing. The selected candidate will work independently under general guidance usually with some latitude for independent judgment and initiative.Principal FunctionalResponsibilities:Serve as oncology managed care SME in new test development initiatives, informing of reimbursement and market access potential for oncology testing.Be adept at both communicating and conversing in clinical utility and cost effectiveness for specialty tests in support of improving market access and reimbursement. Provide expert insight into reimbursement and coverage scenarios for novel technologies prior to acquiring or developing technologies.Serve as managed care subject matter expertise as member of cross functional team that will be responsible for developing market access plans for portfolio of oncology tests.Work with clinical resources to evaluate current literature as it relates to analytical and clinical validity and clinical utility. Identify gaps and propose publication strategy.Support development of proposals for clinical studies to ensure the study outcomes will support positive medical policies. Identify partners and opportunities to engage payers in clinical utility studies.Develop opportunities to engage managed care KOLs to serve as consultants and potentially members of a managed care medical advisory board.As part of market access planning, this position will lead commercial reimbursement strategy for his/her portfolio of assays, collaborating with National VP Clinical Effectiveness, coding team, and RCM.Collaborate with marketing to develop payer messaging, as well as ensuring physician messaging is consistent with test positioning for new product launches.Coordinate with RCM to ensure Labcorp is recognizing revenue consistent with reimbursement and coverage policies and identify opportunities and develop strategies to improve reimbursement experience.Educate Managed Care Executive team on new test offerings, payer policies, reimbursement, pricing guidelines and positioning for specialty testing.Travel can be up to 25%.RequirementsLicense/Certification/ Education: Normally B.S. Degree required w/5+ years of experience. Preferred degree(s): PharmD; Business; Business Administration, Science or related degree Strongly preferred: Master's Degree in Life Sciences, Business Administration or Public Health.Knowledge Skills Abilities Experience Experience in developing and executing strategic plans to obtain optimal payer coverage/policies and reimbursement for oncology/precision medicine tests.Demonstrated ability to Identify and cultivate relationships with key contacts within health plans, including Medical Directors, medical policy, medical management and pricing/reimbursement personnel.Knowledge of Managed Care and health care industry, including progressive health care dynamics; e.g. value based care and risk-sharing, and industry trends.Strong presentation skills; superior negotiation; analytical and financial acumen; proficient in PowerPoint/Word/Excel; knowledge of CPT and ICD coding and processes.Ability to serve as internal SME for managed care team for oncology and precision medicine testing; experience in genetic testing strongly preferred.Self-driven, passionate, innovative and able to manage multiple tasks in a fast paced environment. This job description reflects only the essential functions of the position and excludes those which may be incidental to the performance of the job. In no way it is stated or implied that the principal functions are the only duties to be performed. Employees will be required to follow any other job-related instructions and to perform any other job-related duties requested by supervisor.Labcorp is proud to be an Equal Opportunity Employer:As an EOE/AA employer, Labcorp strives for diversity and inclusion in the workforce and does not tolerate harassment or discrimination of any kind. We make employment decisions based on the needs of our business and the qualifications of the individual and do not discriminate based upon race, religion, color, national origin, gender (including pregnancy or other medical conditions/needs), family or parental status, marital, civil union or domestic partnership status, sexual orientation, gender identity, gender expression, personal appearance, age, veteran status, disability, genetic information, or any other legally protected characteristic. We encourage all to apply.For more information about how we collect and store your personal data, please see ourPrivacy Statement.

Keywords: Laboratory Corporation of America, Raleigh , Associate Director, Market Access and Medical Policy, Oncology, Executive , Raleigh, North Carolina